SBI CARDS - Strong Straddle Opportunity
Stock stuck in zone, and may try to remain in the same
Upside resistance zone from 780 to 800
Downside support zone from 740 - 725
Final resistance at 815
Final support at 705
if opportunity arises and liquidity improves, straddle for next expiry (February) will be a good opportunity
Caution : Quarterly results still pending, Wait for that event to happen first
Upside resistance zone from 780 to 800
Downside support zone from 740 - 725
Final resistance at 815
Final support at 705
if opportunity arises and liquidity improves, straddle for next expiry (February) will be a good opportunity
Caution : Quarterly results still pending, Wait for that event to happen first
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